eur/jpy bears to dominate @154.000 zone

The Bank of Japan will continue to raise interest rates if inflation moves in line with its forecast, policymaker Junko Nakagawa said on Wednesday, signalling that last month's market rout has not derailed its plan to hike borrowing costs steadily. With that said am with the bears on this one as I seek to target and mitigate the @154.600 zone